My home value was reassessed upwards of $100,000. Plus I will have to incur the added expense of the road improvement project in front of my home which I could not pay outright ($7,000) so it will be added on to my property taxes as well ($619/yr). My property tax bill is estimated to rise from $3,894.798 to $5,191.36, PLUS the extra $619 for the road project, for a whopping total of $5,810.36 per year!!!!!!!!!!!!!!! I live in the Lake Edina/Cornelia neighborhood, not in Indian Hills. I feel that an increase such as this will do nothing but drive residents to sell (many have baled out of this neighborhood already) and also will discourage potential buyers from purchasing in Edina. If people really don't mind paying that much in property taxes they would be smarter to go to Lake Minnetonka, Orono, etc., where they would actually have a gorgeous house to warrant the monstrous property taxes!!! I have written a letter to Edina City Council to express my anger and dismay. I asked who suddenly decided to reassess the values so much higher and why. It seems there is NO end to new construction and resultant tax income, not to mention the scores of businesses up and down France Avenue alone! Shouldn’t all that revenue be stabilizing/reducing property taxes? I requested a breakdown of how our taxes are being spent in Edina. Also, have they jacked up the business taxes as well, or maybe they're issuing them reductions while sticking it to the residents. Edina is the only city in the metropolitan area that I know of where the residents have to foot the entire bill for improvements such as road construction themselves. I have lived in Edina for 37 years. It USED to be a very well managed city where tax dollars were spent RESPONSIBLY! Now it seems there is no end to money grabbing and endless unneccesary/unwanted expenditures. I plan to go to the 12/2/14 meeting at Edina City Council Chambers at 7:00 a.m., 4801 West 50th Street, Edina. I'm hoping that a large number of disgruntled residents will show up to express their disapproval.